What just happened, in the midterms, is not new to Trump. We're the bankers and Little Donnie has gone bust. Again. It's not about the risk tolerance of bankers and investors or us or even Little Donnie. It's about the shedding of risk and about subsidies. Big business and finance got stoned on risk.
They can because they shed the risk onto us. It wasn't a scam. It is normal, to a point. We and our financial system absorb some of the risk to encourage investment, entrepreneurship and innovation. Moderately, and IN RETURN FOR BUSINESSES ACCEPTING REGULATION AND CONSTRAINT.
Antitrust. And including fucking taxation, on businesses and individuals.
Big business and finance chipped away at the constraints. They're gambling with our money. If they win they keep it. Lose and we pay. Trump might be egregious but he's in the middle of this. Mostly because he started rich as shit and was unusually incompetent. The midterm wipeout is a Trump bankruptcy.
Trump is in his element because he implicated us. We're on the hook. He implicated the world. Trump is not a rational businessman. He's a fucking idiot, but born for our times, which reward blind aggression and generational wealth. There's a strong undercurrent of fatalism. The rich got what they deserved.
And so, according to their thinking, do we. We deserve to be screwed.
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